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Not just apartments: SMSF rules hit detached home-building, too
Budget changes preventing self-managed super funds from borrowing to invest in new homes are also going to reduce sales in housing estates.
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Timeline cronologica
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SMSF loan applications double in weeks before borrowing ban
With residential gearing prohibited from Monday, self-managed funds must now buy outright or switch to commercial real estate.
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SMSF ‘ban’ is shaking up housing – and commercial property, too
Federal government restrictions on self-managed super funds borrowing have started and will hit new home builds. But their effects will go far beyond housing.
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Not just apartments: SMSF rules hit detached home-building, too
Budget changes preventing self-managed super funds from borrowing to invest in new homes are also going to reduce sales in housing estates.